Major Regions on Soil PFAS Remediation Market

6 min read

Updated on 11/20/2024

Major Regions on Soil PFAS Remediation Market include United States, Europe, China, Australia, Latin America and Middle East and Africa.

The global Soil PFAS Remediation market has shown significant growth from 2018 to 2023, with the United States leading the market throughout these years. In 2018, the U.S. accounted for approximately 39.48% of the total revenue, which decreased to 37.56% by 2023. Europe has also been a substantial contributor, with its market share slightly increasing from 26.95% in 2018 to 27.89% in 2023. China, while starting with a smaller share, has shown a gradual increase in its market share, from 3.39% in 2018 to 3.55% in 2023.

Australia has maintained a relatively stable market share, starting at 15.89% in 2018 and slightly increasing to 16.94% in 2023. Latin America has seen a modest increase in its share, from 3.97% in 2018 to 4.04% in 2023. The Middle East and Africa have also experienced a slight growth in their market share, from 3.88% in 2018 to 3.91% in 2023. Other regions have shown a slight fluctuation but overall have maintained a market share of around 6%.

The total global Soil PFAS Remediation market revenue has increased from $257.91 million in 2018 to $576.65 million in 2023, indicating a robust growth in the industry. This growth is driven by the increasing awareness and regulations regarding PFAS contamination and the need for effective remediation solutions across various regions.

 

2018

2019

2020

2021

2022

2023

United States

101.81

118.30

127.27

149.32

186.57

216.60

Europe

69.50

81.83

89.79

108.15

137.08

160.81

China

8.74

10.12

11.27

14.11

17.20

20.47

Australia

40.97

48.32

52.48

63.99

82.49

97.70

Latin America

10.25

11.80

12.64

15.51

19.72

23.30

Middle East and Africa

10.00

11.49

12.36

15.03

18.98

22.52

Other Regions

16.63

19.06

20.97

24.95

30.67

35.25

Total

257.91

300.92

326.77

391.06

493.37

576.65

 

2018

2019

2020

2021

2022

2023

United States

39.48%

39.31%

38.95%

38.18%

37.82%

37.56%

Europe

26.95%

27.19%

27.48%

27.66%

27.78%

27.89%

China

3.39%

3.36%

3.45%

3.61%

3.49%

3.55%

Australia

15.89%

16.06%

16.06%

16.36%

16.72%

16.94%

Latin America

3.97%

3.92%

3.87%

3.97%

4.00%

4.04%

Middle East and Africa

3.88%

3.82%

3.78%

3.84%

3.85%

3.91%

Other Regions

6.45%

6.34%

6.42%

6.38%

6.35%

6.11%

Total

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

The market value has shown a consistent upward trend, starting at $257.91 million in 2018 and reaching $576.65 million by 2023. This indicates a significant growth in the market over the six-year period.

The gross revenue has also increased substantially, from $73.61 million in 2018 to $169.47 million in 2023. The gross margin, which is a key indicator of profitability, has fluctuated slightly but has generally shown an increasing trend. It began at 28.54% in 2018, dipped to 27.95% in 2019, and then gradually increased to 29.39% by 2023.

Overall, the data suggests a healthy and growing market for Soil PFAS Remediation, with both the total value and gross margin reflecting the industry’s expanding scale and improving financial performance.

 

2018

2019

2020

2021

2022

2023

Value (M USD)

257.91

300.92

326.77

391.06

493.37

576.65

Gross (M USD)

73.61

84.10

93.47

113.15

142.26

169.47

Gross Margin

28.54%

27.95%

28.60%

28.93%

28.84%

29.39%

The United States Soil PFAS Remediation market has experienced a steady increase in value from 2018 to 2023. Starting at $101.81 million in 2018, the market value has grown to $216.60 million by 2023, indicating a strong upward trend.

word image 2338 1

Gross revenue in the U.S. market has also seen a significant rise, from $29.80 million in 2018 to $65.40 million in 2023. This growth reflects the increasing demand and investment in PFAS remediation within the country.

The gross margin, which is a measure of profit relative to revenue, has fluctuated slightly over the years but has generally shown an increasing trend. It began at 29.27% in 2018, experienced a slight decrease to 28.81% in 2019, and then gradually increased to reach 30.20% by 2023. This suggests that the market is not only growing in size but also improving in its profitability.

Overall, the U.S. market for Soil PFAS Remediation is robust, with both market value and gross margin indicating a positive outlook for the industry.

 

2018

2019

2020

2021

2022

2023

Value (M USD)

101.81

118.30

127.27

149.32

186.57

216.60

Gross (M USD)

29.80

34.08

37.37

44.31

55.78

65.40

Gross Margin

29.27%

28.81%

29.36%

29.67%

29.90%

30.20%

Item

Description

Strength

  • Technology advantage
  • Mature supply chain
  • Strong downstream demand

Weakness

  • Highly labor cost
  • Fierce competition

Opportunity

  • Industrial integration
  • Oversea market development

Threat

  • New entrants are hard to open the market
  • Regulations to restraint the industry

The market value has increased significantly, starting at $69.50 million in 2018 and expanding to $160.81 million by 2023. This represents a substantial increase in the market size over the five-year period.

word image 2338 2

Gross revenue in Europe has also shown a positive trend, rising from $19.98 million in 2018 to $48.28 million in 2023. This growth indicates a heightened focus on PFAS remediation and the allocation of more resources to address this issue.

The gross margin in Europe has remained relatively stable with a slight upward trend. It began at 28.75% in 2018, experienced minor fluctuations, and reached 30.03% by 2023. This consistency in gross margin suggests that while the market is growing, the profitability has been maintained at a healthy level.

 

2018

2019

2020

2021

2022

2023

Value (M USD)

69.50

81.83

89.79

108.15

137.08

160.81

Gross (M USD)

19.98

23.22

26.08

32.02

40.19

48.28

Gross Margin

28.75%

28.38%

29.04%

29.61%

29.32%

30.03%

Item

Description

Strength

  • Mature industrial chain.
  • Strong downstream demand.

Weakness

  • Unbalanced market size between Eastern and Western Europe.
  • Government regulations are inconsistent in many countries.

Opportunity

  • Oversea market development.
  • Industrial integration.

Threat

  • Highly labor cost.
  • Regional economic development imbalance drives regional economic development.

The market value has increased from $8.74 million in 2018 to $20.47 million in 2023, indicating a significant expansion in the industry.

word image 2338 3

Gross revenue in China has also risen, from $2.43 million in 2018 to $5.30 million in 2023. This growth reflects an increasing focus on addressing PFAS contamination in soil within the country.

The gross margin in China has experienced some fluctuations but has generally remained in a similar range. It started at 27.86% in 2018, dipped to 24.12% in 2019, and then showed a slight increase to reach 25.92% by 2023. Despite the minor variations, the gross margin has stayed relatively stable, suggesting that the market’s profitability has been maintained.

 

2018

2019

2020

2021

2022

2023

Value (M USD)

8.74

10.12

11.27

14.11

17.20

20.47

Gross (M USD)

2.43

2.44

2.92

3.60

4.36

5.30

Gross Margin

27.86%

24.12%

25.88%

25.51%

25.33%

25.92%

Item

Description

Strength

  • Downstream demand is huge.
  • Rapid economic development.
  • Low labor cost.

Weakness

  • Homogenous competition.
  • Market regulation tightens.

Opportunity

  • Government policy support.

Threat

  • Low price competition.
  • Fierce competition from international companies.

The market value has grown from $40.97 million in 2018 to $97.70 million in 2023, showcasing a strong upward trend.

word image 2338 4

Gross revenue in Australia has also seen a significant rise, increasing from $11.75 million in 2018 to $28.85 million in 2023. This growth indicates a heightened focus on PFAS remediation and a commitment to allocating resources to tackle soil contamination.

The gross margin in Australia has remained relatively stable with slight fluctuations. It started at 28.68% in 2018, experienced minor changes, and reached 29.53% by 2023. The consistency in gross margin suggests that the market’s profitability has been maintained despite the changes in revenue.

 

2018

2019

2020

2021

2022

2023

Value (M USD)

40.97

48.32

52.48

63.99

82.49

97.70

Gross (M USD)

11.75

13.68

15.00

18.67

23.77

28.85

Gross Margin

28.68%

28.30%

28.58%

29.18%

28.82%

29.53%

Item

Description

Strength

  • Technical advantages
  • Mature industrial chain
  • Strong downstream demand

Weakness

  • High labor cost
  • Competition is fierce

Opportunity

  • Industrial integration
  • Overseas market development

Threat

  • It is difficult for new entrants to enter the market
  • Industry binding regulations
Updated on 11/20/2024
Reports
en_USEnglish